post recession

PEW: Alabama’s Tax Recovery from The Recession is Slow

State is minus 5.3% from collection peak

A report on tax collections from PEW indicates the states’ combined collections show an increase of 6.3 per cent in purchasing power for every dollar they collect compared to the 2008 peak collections. But the results vary state to state. Alabama is still 5.3 cents per dollar behind.   “…..growth over the two fiscal years was exceptionally weak. Slow growth…